Expectations are high for the Canadian oilpatch’s first-quarter results season
The irreconcilable differences are rooted in the regional nature of the energy industry in both countries
Prices jumping more than 10 cents at some stations
Ottawa bought the existing pipeline for $4.4 billion in 2018
Under the status quo scenario, demand for oil and gas remains relatively stable over the next three years
Global demand for oil plummeted by more than 16 million barrels a day this spring
Trudeau unveiled aid and financial package on Monday
Stock markets also rose in the U.S. even though its economy slipped into recession
Brent crude, the international standard, was down $1.78 to $26.30 per barrel
Carbon mitigation budgets will be looked at carefully, an analyst says
The price for oil from Alberta is $7.20 per barrel
Other cities in Canada, specifically Toronto and Montreal, to also see drop in price
The Alberta Energy Regulator lists about 30 approved but not operating in situ projects
X-Site Energy Services has denied having anything to do with the stickers
Meanwhile, the company denies involvement
